Supply and Demand

        Supply and demand are interestingly strange concepts to deal with, and yet companies and individuals see it all the time. Companies need to look at demand so they know how much of a product they need to supply in order to maximize their efforts and not waste resources in the case of a surplus. Colleges and the students have supply and demand they also need to look at.Students when looking into what career should keep two things in minds: what makes them happy and what jobs will be needed when they finish their degree.
       Students attend college to better there education and get a degree to get a higher paying job.  When choosing a career people need to make the decisions that will make them happiest in life. These choices will increase the total utility for individuals. In my case choosing Treasure Valley was the best decision I could make to help myself be happy in the long run. I chose tvcc so I could get an education, but i also got an opportunity to continue to run track. Running and competing helps me relax and forget about the problems life throws at me. Relaxing helps me maintain peace and happiness increasing my total utility.
        When a student chooses a college they need to think about what they want to do with their lives. The reason I chose treasure valley because i could get an education for cheaper than I could if I went to  a  four year university.  I also wanted to attend a smaller college because i knew the class sizes would be smaller and if i wanted to get into a class that the supply of seats in the class could be higher. The supply would be higher in any particular class because the demand for the class would be lower. This would change the equilibrium by changing the quantity of people in a class room.
        Colleges have an interesting look at both sides of the spectrum. on one hand they need to know how many students can fit in a classroom so they can fill it but also not overflow the rooms. On the other hand the college needs to be able to pay the professors and pay the bills, so they need to may have raise and lower the cost of tuition in order to maintain the budgets.
       Students as well as colleges use supply and demand on a regular basis, yet individual people hardly realize they are apart of the system. The concepts of supply and demand are interesting and complex, however companies and individuals have become aware of they stand in this economic field.